SOURCE: Shinesroomonline.com

Shinesroomonline.com

May 23, 2011 08:59 ET

Equity Research on OfficeMax Inc. and Office Depot Inc. -- Office Suppliers Struggle in Specialty Retail, Other Sector

NEW YORK, NY--(Marketwire - May 23, 2011) - www.shinesroomonline.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Specialty Retail, Other industry and are offering free analytical research on OfficeMax Inc. (NYSE: OMX) and Office Depot Inc. (NYSE: ODP). Register with us today at www.shinesroomonline.com to have free access to this research or speak to one of our pros at http://www.shinesroomonline.com/products-subscription.php?subscription=freetrial.

The somewhat tepid economic recovery has left the office supply sector battling over consumers. In a sector that some argue is in sore need of consolidation, the current environment has given customers leverage to negotiate better supply contracts due to the availability of eager competitors. Get instant analyses of OfficeMax Inc. and Office Depot Inc. from live, real-time experts standing by at http://www.shinesroomonline.com/products-subscription.php?subscription=freetrial. There is no commitment to join.

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These cost-conscious consumers are also resisting the sector's attempts to levy price increases on paper, a product which has seen its margins negatively affected by commodity inflation. Overall, these factors have created a soft market and many companies in the sector are putting out somewhat of a pessimistic forecast for the current quarter.

To make matters worse, Office Depot Inc. whose same store quarterly sales fell 1% for stores open more than a year, has been under and only recently settled part of a federal investigation for improper pricing in its governmental contracts. Office Depot Inc. report is accessible for free by registering today at http://shinesroomonline.com/reports/May2311OfficeDepotInc.(ODP)230511.php.

The third biggest player in the sector, Office Max Inc. saw its quarterly profit fall 54%. The company plans to close 15 stores within the United States this year. OfficeMax Inc. report is accessible for free by registering today at http://shinesroomonline.com/reports/May2311OfficeMaxIncorporated(OMX)230511.php.

The two Specialty Retail, Other stocks research reports are available for free by signing up now on www.shinesroomonline.com.

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